Buying and selling Charges per Deal

keepsim

Hi Guys

Just wanted to check if anyone can advise if there are a better trading platform out there?

I currently trade from AJbell paying £9.95 Shares (including investment trusts, ETFs, gilts, and bonds) Per deal , I think it is quite high.

What others think, I don't do a high number of transactions though, at max 5 a month.

So is there any better platform?

eskbanker

Plug your numbers into one or all of:

http://monevator.com/compare-the-brokers/
http://www.comparefundplatforms.com/
https://forums.moneysavingexpert.com/discussion/5583030

Alexland

5 a month in one account sounds like a lot of transactions to me - are you trading rather than investing?

Alex

jimjames

iWeb is only £5 per deal. Unless it's shares you're buying it might be cheaper with a platform like HL that doesn't charge for fund purchases.

short_butt_sweet

you may already know this, but just in case, i'll point out that, sticking with aj bell, you can buy many shares (including investment trusts & ETFs, but not gilts and bonds) once a month for a lower dealing charge of £1.50.

this is called "regular dealing", but you can change your "regular" purchases every month, or cancel them after only one purchase, if you want to. you can make changes as late as one trading day before the regular dealing date. trades are "at best".

Tom99

short_butt_sweet wrote: »

you may already know this, but just in case, i'll point out that, sticking with aj bell, you can buy many shares (including investment trusts & ETFs, but not gilts and bonds) once a month for a lower dealing charge of £1.50.

this is called "regular dealing", but you can change your "regular" purchases every month, or cancel them after only one purchase, if you want to. you can make changes as late as one trading day before the regular dealing date. trades are "at best".

Similar with Halifax at £2 but there are usually 4 dealing days per month and you can set up one off purchases, no need to cancel anything.

keepsim

Thank you everyone.

le_loup

Strange that folks who think they know enough to select, buy and sell shares without advice don't have the gumption to research the best trading platform.
Just my opinion.

keepsim

le_loup wrote: »

Strange that folks who think they know enough to select, buy and sell shares without advice don't have the gumption to research the best trading platform.
Just my opinion.

And then there are also people who have no value to add but they had liked to share their opinion.:beer:

Alexland

And then there are people who like to get the last word.. oh.